Tax-loss harvesting alternatives for OIH

The closest fund alternative to OIH (Oil Services) is IEZ (iShares US Oil Equipment & Services), with a return correlation of 0.99 over the past year. Among single names in the fund's slice of the market, NOV (NOV Inc.) tracks it most closely at 0.86 over the past year. Correlations are computed from daily closing-price returns aligned by trading day.

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ETFS

Fund stand-ins

Funds covering similar ground. Two funds tracking the same index may themselves be 'substantially identical' for wash-sale purposes.

Ticker	Name	Focus	Match	1Y	3Y	5Y	10Y
IEZ	iShares US Oil Equipment & Services	Oil Services	SUB-IND	0.99	0.99	0.99	0.99
VDE	Vanguard Energy ETF	Energy Sector	SECTOR	0.71	0.84	0.88	0.91
FENY	Fidelity MSCI Energy ETF	Energy Sector	SECTOR	0.71	0.84	0.88	0.91
IYE	iShares US Energy ETF	Energy Sector	SECTOR	0.69	0.83	0.87	0.90
XLE	Energy Select Sector SPDR	Energy Sector	SECTOR	0.68	0.82	0.87	0.89
IEO	iShares US Oil & Gas E&P ETF	Oil & Gas E&P	SUB-IND	0.64	0.80	0.85	0.89
XOP	SPDR S&P Oil & Gas E&P ETF	Oil & Gas E&P	SUB-IND	0.61	0.80	0.85	0.88
CRAK	VanEck Oil Refiners ETF	Oil Refiners	SUB-IND	0.55	0.65	0.71	0.72
AMLP	Alerian MLP ETF	Energy Infrastructure	INDUSTRY	0.45	0.57	0.68	0.71
SPY	SPDR S&P 500 ETF	S&P 500	BROAD	0.30	0.51	0.47	0.54
VOO	Vanguard S&P 500 ETF	S&P 500	BROAD	0.30	0.50	0.46	0.54
IVV	iShares Core S&P 500	S&P 500	BROAD	0.30	0.50	0.46	0.54

STOCKS

Single-name peers

Single names inside the fund's slice of the market.

Ticker	Name	Sub-industry	1Y	3Y	5Y	10Y
NOV	NOV Inc.	Oil & Gas Equipment & Services	0.86	0.86	0.86	0.87
SLB	Schlumberger	Oil & Gas Equipment & Services	0.83	0.87	0.90	0.91
HAL	Halliburton Co.	Oil & Gas Equipment & Services	0.79	0.87	0.91	0.91
BKR	Baker Hughes	Oil & Gas Equipment & Services	0.79	0.81	0.82	0.78
HLX	Helix Energy Solutions Group, Inc.	Oil & Gas Equipment & Services	0.76	0.76	0.78	0.77
FTI	TechnipFMC	Oil & Gas Equipment & Services	0.72	0.77	0.80	0.81
INVX	Innovex International, Inc.	Oil & Gas Equipment & Services	0.72	0.73	0.74	0.74
OII	Oceaneering International, Inc.	Oil & Gas Equipment & Services	0.68	0.80	0.82	0.83
RES	RPC, Inc.	Oil & Gas Equipment & Services	0.61	0.74	0.79	0.77
AESI	Atlas Energy Solutions, Inc.	Oil & Gas Equipment & Services	0.49	0.62	0.61	—
LBRT	Liberty Energy, Inc.	Oil & Gas Equipment & Services	0.49	0.67	0.76	0.74
AROC	Archrock, Inc.	Oil & Gas Equipment & Services	0.47	0.60	0.68	0.67
KGS	Kodiak Gas Services, Inc.	Oil & Gas Equipment & Services	0.39	0.49	0.48	—
SEI	Solaris Energy Infrastructure, Inc.	Oil & Gas Equipment & Services	0.38	0.44	0.52	0.59

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Replacement research for OIH's peers

NOV SLB HAL BKR HLX FTI INVX OII RES AESI LBRT AROC KGS SEI

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Method: Pearson correlation of daily closing-price returns, Yahoo Finance data, series aligned by trading day, refreshed weekly. A cell is blank when overlapping history covers less than 60% of its window. Correlation is descriptive, not predictive. Wash-sale treatment depends on facts and circumstances — confirm with a tax professional. Not investment advice.